Property for Auction in Ponnani Taluk, Malappuram, Kerala
Auction ID:564522
Bank Name:Bank of India
Branch Name:Zonal Office: Ernakulam Zone
Reserve Price:₹83,50,000
EMD:₹8,35,000
Service Provider:BAANKNET
Submission Date:08-09-2025 05:00 PM
Bid Start Date:09-09-2025 11:00 AM
This offering presents a prime residential plot for auction, situated in the scenic Ponnani Taluk of Malappuram district, Kerala. As part of a SARFAESI action by the Bank of India, this property represents a significant investment opportunity. The land is offered as a plot, ideal for residential development or investment. Located in Malappuram, a region known for its growing infrastructure and connectivity, the plot is poised for future appreciation. Interested parties should review all auction terms and conditions. Secure your stake in Kerala's property market.
State:Kerala
City:Malappuram
Area:Ponnani Taluk
Asset Category:Residential
Bank of India invites bids for a SARFAESI auction of a residential plot located in Ponnani Taluk, Malappuram, Kerala. The auction will be conducted on September 9, 2025, from 11:00 AM to 5:00 PM. The reserve price is set at 83,50,000 INR, with an Earnest Money Deposit (EMD) of 8,35,000 INR. This is an excellent opportunity to acquire a plot in a well-situated area. Prospective bidders are advised to conduct their own due diligence regarding the property's legal status, dimensions, and potential development. Don't miss this chance to own a piece of Malappuram.
Borrower Name:M/s Fortune Tradelines
Auction Type:SARFAESI Auction
Contact Phone 0484-2725723/729/730 E-mail: ZO [email protected], ARD. [email protected]